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If you’re thinking of buying AAPL ahead of its so-called “awe-dropping” event happening 7 days from now… You might want to see this first. In my opinion, Apple is good as a long-term investment. But buying the ticker prior to a huge event such as the iphone 17 launch? That may not be a good idea. Here’s why: #1: Despite going nowhere this year… AAPL has been choppy and volatile. The ticker is down nearly 7% so far this year… That alone serves as a word of caution for anyone planning to open a position on the stock right now. #2: The ticker tanked nearly 2% right before its Q3 earnings report… And then dropped further almost 3% the next day! That tells me investors were not exactly thrilled – despite the company nailing Q3 earnings. And that seems to be happening again right now… Despite its planned awe dropping event, Institutions seem to prefer cheaper tech stocks over Apple. And in my opinion, those are the tickers worth watching right now. That’s why just this week, I publicly shared three names that these firms a flooding into… in case you missed it, go get it here right away (it’s FREE). Trade well, |
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